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Tag >> activist investors
Sep 28

Nearly 200 potential proxy access targets in 2011

Posted by Stephen Taub in proxy accessFactSet SharkWatchFactSet Research SystemsDealscomplianceactivist investors

Stephen Taub

Nearly 200 companies could become targets of activist shareholders under the new proxy access rules, according to data crunching by FactSet SharkWatch.

Among the potential targets: Dell, YUM! Brands, Motorola, Biogen Idec and Chesapeake Energy.

Sep 20

Virtual annual meetings upset activists

Posted by Stephen Taub in virtual-only annual meetingsRisk Metricscomplianceannual meetingsactivist investors

Stephen Taub

Activist investors have a new villain to justify their existence-the virtual annual meeting.

Seems they are upset about Symantec's plan to hold a virtual-only annual meeting on Monday.

So, the US Proxy Exchange, a shareholder rights group, launched a letter writing campaign urging investors to tell the tech company to instead hold a hybrid meeting-meaning it would be held both live with real people and electronically.

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